Serica Energy plc has secured a two-year extension to its OFAC licence and secondary sanctions assurance relating to the Rhum field in the UK Northern North Sea. BENEFIT The licence and assurance permit certain US and US-owned or controlled entities, and all non-US entities, to continue providing goods, services and support to the field. Issued […]
Tag: Rhum field – UK Northern North Sea
Serica starts production from Rhum 3
Serica Energy plc announced the start of gas production from the Rhum R3 well around 16 years after it was originally drilled in the UK Northern North Sea. CHALLENGES The company has more than 80% natural gas production and holds a 50% working interest in the Rhum field. First production was achieved on 23 August […]